Emerging/Diverse Managers
Plan disclosed recent private equity, credit, infrastructure and real estate commitments totaling approximately $1.2 billion.
A university based on the West coast has committed to hearing 100 pitches from diverse investment managers across public and private asset classes in the first half of 2022 as part of its interest in building its exposure to diverse firms.
A foundation based in the Midwest added minority-owned global equity and private equity managers during its finance and investment committee meeting last week.
The poll of large U.S. asset owners found that 70% of white asset owners either somewhat or strongly agree that promotion of diversity comes at the expense of growth.
The recommendations address transparency, disclosure, fiduciary duty, political contributions and investigating discrimination complaints in the asset management industry.
The plan authorized the issuance of an RFP as part of a newly approved credit portfolio structure.
A health system in New England is anchoring a new fund that will seed alternative investment funds for diverse managers.
Diverse-owned manager utilizes artificial intelligence to manage portfolios.
A plan based in the West approved transitioning the management of its endowment to a single outsourced cio provider as well as new investment policy statements for its endowment and operating funds that codify its commitment to diverse managers at its investment committee meeting last week.
The firm will manage an international developed markets equity emerging manager-of-managers portfolio.
